DEFINITION
This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
DEFINITION: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
Inspite of small country Japan's economy is 3rd largest in the world. why ?
Sule 26th May 2011
Where is Turkey?
sgu 9th May 2011
Sorry to say, Klaasvaak, but in the moment Turkey is twice the size of the economy of Belgium.. Look for the 2010 numbers ;)
masteraster 15th April 2011
Where is Poland, foll?
Johny 31st December 2010
Many countries missed here.USSR was second with GDP a half of USA ,Yugoslavia was 19 ,Poland was 17 etc..
kandy 6th December 2010
UGH! doing a project and this web site is not helping me at all!
chea boy 5th November 2010
Cali #2 thats weird considering its part of the United States with the most debt.....
Klaasvaak 10th September 2010
Belgium should be coming in front of turkey because i think we need to work on that come on belgium!
Klaasvaak 10th September 2010
Belgium should be coming in front of turkey because i think we need to wrok on that come on belgium!
jpr 27th August 2010
#2 is California
Len K 15th July 2010
I like that they have the cents decimal places in these numbers. I'm gonna go out on a limb and say they can remove those.
Bella 15th July 2010
I am trying to compare the recent GDP of the West Bank with that of Gaza, but can't find a reputable (or any other!) source.
Please help
marcelo 30th June 2010
It's wrong...the real data is...
1 European Union
$ 14,510,000,000,000
2009 est.
2 United States
$ 14,260,000,000,000
2009 est.
3 China
$ 8,789,000,000,000
2009 est.
4 Japan
$ 4,137,000,000,000
2009 est.
5 India
$ 3,560,000,000,000
2009 est.
6 Germany
$ 2,811,000,000,000
2009 est.
7 United Kingdom
$ 2,149,000,000,000
2009 est.
8 Russia
$ 2,116,000,000,000
2009 est.
9 France
$ 2,110,000,000,000
2009 est.
10 Brazil
$ 2,025,000,000,000
2009 est.
11 Italy
$ 1,760,000,000,000
2009 est.
12 Mexico
$ 1,482,000,000,000
2009 est.
13 Spain
$ 1,368,000,000,000
2009 est.
14 Korea, South
$ 1,356,000,000,000
2009 est.
15 Canada
$ 1,285,000,000,000
2009 est.
Source
CIA
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html
Kyler 27th May 2010
Where the hell Is 2
M.Rajesh 26th May 2010
Hi all ,can anyone tell me with the pace of growth, where can we position india and china in the years of 2015,2020,2025,2030.
Caitlan Sutherland 5th May 2010
Can you make a pie chart of thecountries who have or had the most wars.
황세영 11th April 2010
it was quite helpful, thanks!
Alyssa Dieryt 18th March 2010
This site is not that good but it helped enough to learn about Latvias GDP so know I'll get a good grade on my project
Z.Biescas 3rd January 2010
It's notable of the Philippines trailing on the top 20 spot in 1960,unfortunately has dwindled economically between 30-50th spots over a few decades through ,a statistical economic data forecasting shows the Philippines could regain the worlds top 20 richest countries in the next 30-40 years through 2050.hmmm..seems the Philippines government has a lot of homework to do on this.sigh.. maybe the RP govt.would have to map out an investment plan for it's overseas population to participate and invest in the local stock market to fuel the dire need in economic integration of it's tens of billion of dollars pouring into the economy as weak Philippines exports would always stymie economic growth as historical grounds on economic growth has always been consumer spending or else consider mapping a new focus on industrialization like what it had done in 1960's pre Marcos era.There had been varied economic models maybe a Philippine model is yet to be realized moving through the first half a century..sigh..history repeats itself.Isn't all the riches in the world limited as we only have a planet to live in? If these Richer countries would only use up their overflowing economic resources to try and help feed the population of these less fortunate nations then only we could realize a world that is not stricken with grief in destitute areas of the world.poverty, war, corruption inequality distribution of wealth across nations will always be there, human nature is too powerful to create a nation or otherwise.lesser ignorance amongst the populations of these nations the richer they become.what an awful truth.
varatharajan(india) 9th December 2009
thank u for ur information
TDM 25th November 2009
great site
hgkjyfyrouguyr 24th November 2009
I think you need to check the information that is on this graph
sophie 17th November 2009
Guys - #2 is not missing. At the bottom of the graph, there is "European Union" which is below the United States and above Japan, therefore #2.
sophie 16th November 2009
Guys - #2 is not missing. At the bottom of the graph, there is one for European Unions, which is below the United States and above Japan, therefore making it #2.
Donna 10th November 2009
What is the actual productivity per country? GDP figures for USA is based on its consumption rather then its production. If countries don't buy its treasury - GDP is completely changed.
Juanita 9th November 2009
Can someone point me to a world map that depitcs country growth of GDP. For example, negative growth by shades of gray. Positive growth by colors or shades of color. I suspect that many developing countries will reflect faster growth than developed countries (like China and India of course and some countries in Africa). Thanks for any help you can lend.
Andrea 8th November 2009
1. Number 2 position is missing!
2. There are much more updated data available on wikipedia or World bank IMF, etc
Tom Jones 4th November 2009
This website was helpful. Thank, everybody.
Jake 26th October 2009
We need a lost of GDP that's based on PER CAPITA
Emilio 20th October 2009
There is a mistake, Japan should be #2 and not #3! Consequently all the rest of ranks are also wrong!
王潜 29th September 2009
How about china
Frank 21st September 2009
It is very interesting to compare India and China over their GDPs.
In 1962, India was almost on par with China.
Today, India's GDP is 1/3 of China's.
India cannot beat China in 1962, What makes Indians think they can beat China now?
SoniaL 8th July 2009
How can that be? The GDP (PPP) of the USA in 2006 is $13,201,820,000,000.00 here on NationMaster. But from CIA Factbook it is $13,830,000,000.00. The same happens to other countries e.g. like Germany: NationMaster $2,906,681,000,000.00 in 2006 and CIA Factbook $2,806,000,000,000.00 in 2006. I mean, these are differences in Millions! Can somebody explain that to me?
Xavier Abraham 18th June 2009
# 2 is missing for the year 2004.
Sanjay Patel 4th June 2009
These data is of year 2006
As per the new data China has overtaken Germany as the 4th largest economy.
will 28th May 2009
Where is number 2? It's missing.
Okay, that is all. Thank you.
M 16th April 2009
Taiwan is not a country. Duh.
Mukund (US) 28th April 2007
India's economy just reached over a trillion after the rupee was 41 or below the dollar. plz change it. it is out of date
nathan (UK) 2nd April 2007
agree information here are very outdated
currently , in 2005 china's nominal gdp already overtook france and UK, in 2006 it stands at 2.7 trillions (nominal) at 4th place after US, japan and germany and in 2006 its economy expands at the rate of 10.5%, and its GDP (PPP) in 2006 is 10 trillions from many sources , still 2nd place after the great USA
Hope moderators here update the information to avoid confusing ppl with these outdated info
Thank you
Ian Graham Staff Editor 11th March 2005
The latest Forbes magazine list of the world’s billionaires reveals that, despite his net worth dropping by US$100 million from last year, Microsoft founder Bill Gates is the world’s richest man for the eleventh year in a row, with a net worth of US$46.5 billion.
How rich is he? His net worth is greater than the 2002 GDP of all but 71 countries.
Fellow American billionaire S. Robson Walton of Wal-Mart Stores Inc. is number 10 on the list, just ahead of the other Waltons at 11, 12 and 13. The Waltons’ combined wealth is over US$90 billion. That’s about the same as Belarus’s 2002 GDP, which was 57th-highest in the world.
All told, there are 691 billionaires in the world and their net worth is about US$2.2 trillion dollars (2002 GDP of fifth-place Germany, give or take US$40 billion).